Whirlpool: Middle East conflict leads to “recession-level downturn” in the US home appliance industry

老虎证券2026/05/09 01:40

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Whirlpool Chairman and CEO Marc Bitzer stated that the war launched by the US and Israel against Iran has heightened consumers' concerns about the cost of living, directly causing a sharp drop in the US consumer confidence index. This has had a severe impact on the US home appliance industry, with the current degree of decline comparable to that during the global financial crisis and even more serious than other recession periods. It is expected that North American industry demand will decrease by about 5% by 2026.

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On the 12th, the board of directors announced that Jensen Huang has resigned from his positions as President, CEO, and board member, effective immediately. Current Executive Vice President and CFO Colette Kress has agreed to serve as interim CEO. The board has initiated a formal search for a new CEO and will consider candidates both inside and outside the company. At the same time, the board has appointed Harvey C. Jones as its first-ever Chairman.

华尔街见闻•2026/11/12 15:31